董事會特性、產業群聚與公司績效之關聯性分析：以台灣上市、上櫃資訊電子業赴中國大陸投資為例

Board Characteristics, Industrial Clustering and Corporate Performance: An Empirical Study of Taiwan IT Companies Listed on the TSEC and OTC Investing in China

顏怡音(Yi-Yin Yen) ； 林允斌(Yun-Pin Lin)

《北商學報》 17期 (2010/01) Pp. 23-39

https://doi.org/10.29871/JNTCB.201001.0002

摘要

本研究以董事會特性、產業群聚等構面，分析對公司績效之影響。實證結果發現，董事持股比率、獨立董事席次比率、產業群聚之家數，對公司績效會產生顯著正向之影響。是以，董事持股比率愈高，其監督管理者之誘因愈強；而獨立董事所佔之席次比率愈多，愈能發揮監督管理之作用，進而提升公司績效。至產業群聚因發揮規模經濟、知識及技術外溢等綜效，對公司績效產生顯著正向之影響，可供企業赴中國大陸投資決策之參考。

關鍵字

董事會特性 ； 產業群聚 ； 公司績效 ； 資訊電子業 ； 中國大陸投資

並列摘要

This study is to examine board characteristics, industrial clustering and analyze their influence on company's performance. Research results indicated, ratio of shares held by directors, ratio of seats of independent directors, industrial clustering in Eastern and Southern China all have significantly positive influence on company's performance. That being said, it is understandable that the higher the ratio of shares held by directors, the stronger the incentive to monitor the management thus enhancing company's performance. As for the more independent directors remain in an objective position by occupying more seats, the better they are at maximizing supervisory function thus enhancing company's performance. When it comes to industrial clustering, it leads to economics of scale, knowledge and technology spillover, these findings could be used as reference for companies looking to invest in China.

並列關鍵字

Board characteristics ； industrial clustering ； company performance ； IT industry ； investment in China